Bidding War for RAND?
Earlier this month private equity firm Ampersand Ventures made an offer to acquire RAND Worldwide, one of the world's largest value-added reseller of CAD and PLM software. Today CADCAMNet has learned that a Canadian investment bank has acquired a 10% interest in RAND and intends to oppose the Ampersand acquisition bid.
Full details later today at CADCAMNet.
